Bitbns exchange announced INR 2.0, aka instant INR deposit service. P2P INR deposits are time consuming as user has to wait for the other person to confirm they’ve received the money. Bitbns is removing the waiting period. Bitbns confirms deposits immediately, as long as the amount is less than 80% of your net worth (INR value of your total holdings.) We test the instant deposit system. Buying and selling cryptocurrency…
Posts tagged as “INR deposits”
Bitcoin and other cryptocurrency prices are slumping on one Indian exchange – Koinex. The reason behind this downtrend is an announcement by the exchange on disabling INR withdrawals. Koinex will accept INR withdrawal requests only until 2 PM on July 09, 2018. INR WITHDRAWAL UPDATE: Users will be able to submit INR withdrawal requests till 02.00 PM on July 9, 2018 (Monday) after which no further INR withdrawal requests will…
In light of the RBI regulations, many exchanges are shutting down their INR Deposits and Withdrawal services while some have assured the service will remain operational. The INR service on these exchanges can abruptly be disabled. Be vigilant. The below table will be updated regularly for the current status of INR across exchanges. If we have missed out on an update, do hit us up on Twitter DM. The Status…